Mississippi Valley Quilters Guild
EIN: 421205496 · Davenport, IA · NTEE: A030
| Metric | Value |
|---|---|
| Total Revenue | $37K |
| Total Expenses | $625 |
| Net Assets | $84K |
Is Mississippi Valley Quilters Guild Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mississippi Valley Quilters Guild
Mississippi Valley Quilters Guild (EIN: 421205496) is a nonprofit organization based in Davenport, IA, classified under NTEE code A030. The organization reported total revenue of $37K and total assets of $94K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mississippi Valley Quilters Guild's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mississippi Valley Quilters Guild is a micro nonprofit that has been operating for 42 years, with 4 years of IRS 990 filings on record (2019–2024). Revenue has grown at a compound annual rate of -47.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $977 |
| Total Expenses | $625 |
| Surplus / Deficit | +$352 |
| Total Assets | $84K |
| Net Assets | $84K |
| Operating Margin | 36.0% |
| Months of Reserves | 1611.6 months |
Financial Health Grade: A
In 2024, Mississippi Valley Quilters Guild reported a surplus of $352 with revenue exceeding expenses, holds 1611.6 months of operating reserves (strong position).
Financial Trends
Over 4 years of filings (2019–2024), Mississippi Valley Quilters Guild's revenue has declined at a compound annual growth rate (CAGR) of -47.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -95.8% | -96.5% | +0.4% |
| 2023 | +116.1% | +58.4% | +18.9% |
| 2020 | -56.6% | -23.3% | -0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1984 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mississippi Valley Quilters Guild has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Mississippi Valley Quilters Guild with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $352, with revenue exceeding expenses.
Frequently Asked Questions about Mississippi Valley Quilters Guild
Is Mississippi Valley Quilters Guild a legitimate charity?
Based on AI analysis of IRS 990 filings, Mississippi Valley Quilters Guild (EIN: 421205496) insufficient data. 0 red flags identified, 0 strengths noted.
How does Mississippi Valley Quilters Guild spend its money?
Detailed spending breakdown data is not yet available for Mississippi Valley Quilters Guild. Check back for updated IRS 990 analysis.
Are donations to Mississippi Valley Quilters Guild tax-deductible?
Mississippi Valley Quilters Guild is registered as a tax-exempt nonprofit (EIN: 421205496). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mississippi Valley Quilters Guild located?
Mississippi Valley Quilters Guild is headquartered in Davenport, Iowa and files with the IRS under EIN 421205496. It is classified under NTEE code A030.
How many years of IRS 990 filings does Mississippi Valley Quilters Guild have?
Mississippi Valley Quilters Guild has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $37K in total revenue.
Filing History
IRS 990 filing history for Mississippi Valley Quilters Guild showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2019–2024), Mississippi Valley Quilters Guild's revenue has declined by 96.1%, moving from $25K to $977. Total assets increased by 18.7% over the same period, from $71K to $84K. Total functional expenses fell by 95.7%, from $15K to $625. In its most recent filing year (2024), Mississippi Valley Quilters Guild reported a surplus of $352, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $977 | $625 | $84K | $0 | — | — |
| 2023 | $23K | $18K | $84K | $0 | — | View 990 |
| 2020 | $11K | $11K | $70K | $0 | — | View 990 |
| 2019 | $25K | $15K | $71K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $977, expenses of $625, and assets of $84K (revenue -95.8% year-over-year).
- 2023: Revenue of $23K, expenses of $18K, and assets of $84K (revenue +116.1% year-over-year).
- 2020: Revenue of $11K, expenses of $11K, and assets of $70K (revenue -56.6% year-over-year).
- 2019: Revenue of $25K, expenses of $15K, and assets of $71K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mississippi Valley Quilters Guild:
Data Sources and Methodology
This transparency report for Mississippi Valley Quilters Guild is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.